For those over 70 ½, you may direct a gift from your IRA’s required minimum distribution as a tax-wise way to give while supporting Phillies Bridge Farm Project.
The donation you make goes directly from your IRA to Phillies Bridge Farm Project, eliminating the need to pay taxes on that income while meeting your philanthropic goals.
Using your IRA’s required minimum distribution to make a charitable gift can also help manage your adjusted gross income (AGI) for additional tax benefits throughout the year. Donations of any amount can be made at any time. Talk to your tax or fund advisor for more information, or view the IRS’s direction here on using IRAs for charity.
Phillies Bridge Farm Project
45 Phillies Bridge Road
New Paltz, NY 12561
Federal Tax ID Number:14-1816094
Terence P. Ward